| Morgan Stanley is a global financial services firm that, through its subsidiaries and affiliates, provides its products and services to a group of clients and customers, including corporations, governments, financial institutions and individuals. Morgan Stanley's business segments include Institutional Securities, Global Wealth Management Group and Asset Management. conducts its business from its headquarters in and around New York City, its regional offices and branches throughout the United States and its principal offices in London, Tokyo, Hong Kong and other world financial centers. On June 30, 2007, it completed the spin-off of Discover Financial Services. In October 2007, it dissolved its India joint ventures with JM Financial. On October 14, 2008, Mitsubishi UFJ Financial Group, Inc. acquired a 21% stake in Morgan Stanley. |
